Cheap Apartments for Rent in the Lincoln Park Neighborhood of Evansville, IN from $400 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lincoln Park area of Evansville.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Boeke Place
1 Bedroom Apartments

Boeke Place

1401 S Boeke RdEvansville, IN 47714
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711
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Kinway Apartments
1 to 3 Bedroom Apartments

Kinway Apartments

1952 Colts LnEvansville, IN 47714
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Wedgewood
2 Bedroom Apartments

Wedgewood

1127 Lincoln AveEvansville, IN 47714
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Eastlodge
1 to 3 Bedroom Apartments

Eastlodge

1625 Cass CtEvansville, IN 47715
  • Utilities Included
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The Rathbone Apartments
1 to 2 Bedroom Apartments

The Rathbone Apartments

1320 SE 2nd StEvansville, IN 47713
Corporate Housing
  • Utilities Included
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Legacy Commons
Studio to 2 Bedroom Apartments

Legacy Commons

1101 S Lincoln Park DrEvansville, IN 47714
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Lincoln Park, Evansville, IN Local Guide

Cheapest Available Lincoln Park Apartments for Rent

 

The cheapest available apartment rental in the Lincoln Park area of Evansville, IN is a Studio unit found at Sontra Evansville Apartments priced from $630. Crescent Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Lincoln Park apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$630
Crescent Court Apartments1BR/1.0BA1BR,1BA$675
Embassy Apartments0.1Studio,1BA$685
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
The Rathbone Apartments1bed, 1 bath1BR,1BA$795
TERRA TRACEThe Dogwood1BR,1BA$799
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Classic2BR,1BA$805
Northbend TownhomesPrincess1BR,1BA$840
Addison PlaceSt Charles2BR,1BA$899

Best Value Apartments for Rent in Lincoln Park, IN

As of April 11, 2026 the best value apartment in the Lincoln Park area is the $1.29 price per square foot 970 S Hebron Ave Model at 970 S Hebron Ave, Unit Hebron Place in the in the Lincoln-Bellemeade neighborhood starting from $2,700. The second greatest value Lincoln Park apartment is the 2BR/1.0BA Model at Ross Center Village starting at $975 with a $0.85 price per square foot in the Lincoln-Bellemeade neighborhood. Here is today’s list of the best values for Lincoln Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
970 S Hebron Ave, Unit Hebron Place970 S Hebron Ave3BR,2BA$1.29
Ross Center Village2BR/1.0BA2BR,1BA$0.85
City Pointe2 Bedroom 1 Bath2BR,1BA$1.33
Colonial Manor Apartments2x1 R2BR,1BA$1.15
Princeton Court2 Bed 1 Bath2BR,1BA$1.04
Addison PlaceSt Charles2BR,1BA$1.06
TERRA TRACEThe Eastern Redbud1BR,1BA$1.32
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Deluxe2BR,1BA$1.34
Northbend TownhomesPrincess1BR,1BA$1.36
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$1.22

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lincoln Park, Evansville, IN

Ranked #28

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Lincoln Park, Evansville, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap Lincoln Park Apartments

What is a cheap apartment in Lincoln Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lincoln Park is under $899.

What is the price of a cheap apartment in Lincoln Park?

The cheapest apartment in Lincoln Park is Embassy Apartments which is listed at $697, while the average apartment in Lincoln Park costs $1,325.

What types of apartments are the cheapest in Lincoln Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Lincoln Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lincoln Park?

Cheap apartments in Lincoln Park have an average cost of $625 which is $700 cheaper than the average rent for all rentals in Lincoln Park.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.